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Intangible Personal Property Includes

question 30

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Intangible personal property includes


Definitions:

Exports

Items or services dispatched from one country to another for the intent of trade or sale.

Imports

Commodities or offerings that are carried from abroad into a nation with the intent to sell them.

Trade Deficit

A condition where the value of a nation's imports surpasses that of its exports, leading to a trade deficit.

Exports

Goods or services sold by one country to purchasers in another country.

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